https://www.taxtmi.com/caselaws?id=419497 The High Court dismissed the writ petition challenging the impugned order under Section 264 of the Income Tax Act, 1961, and subsequent order under Section 154 for the assessment year 2018-19. The court emphasized that the petitioners should have utilized the statutory Appellate Forum instead of opting for revision under Section 264. It highlighted the broader powers of the Appellate Authority compared to the Revisional Authority and ruled that the Commissioner cannot act as an Appellate Authority in a revision. The court noted the petitioners' attempt to avoid paying taxes through tactical litigation and dismissed the petition. en-us Wed, 02 Mar 2022 00:00:00 +0530 Fri, 24 Jun 2022 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419497 The High Court dismissed the writ petition challenging the impugned order under Section 264 of the Income Tax Act, 1961, and subsequent order under Section 154 for the assessment year 2018-19. The court emphasized that the petitioners should have utilized the statutory Appellate Forum instead of opting for revision under Section 264. It highlighted the broader powers of the Appellate Authority compared to the Revisional Authority and ruled that the Commissioner cannot act as an Appellate Authority in a revision. The court noted the petitioners' attempt to avoid paying taxes through tactical litigation and dismissed the petition. Case-Laws Income Tax Wed, 02 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419497